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(BEDMUTHA) Bedmutha Industries complete technical analysis [charts+indicators] | Buy/Sell Bedmutha Industries | (BEDMUTHA) share price targets

Complete technical analysis of Bedmutha Industries (BEDMUTHA) by charts plus indicators, forecast predictions and share price targets for Bedmutha Industries (BEDMUTHA)

Bedmutha Industries trades in NSE in Iron & Steel Products sector.

Showing technical analysis as on 2024-08-01 View latest technical analysis

10 day averaged volume of Bedmutha Industries is 18667

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	221.43	233.00	233.00	217.00	0.964 times
31 Wed Jul 2024	223.49	219.33	227.09	218.51	0.691 times
30 Tue Jul 2024	218.35	216.82	222.80	212.31	0.591 times
29 Mon Jul 2024	217.72	223.70	225.00	215.00	1.393 times
26 Fri Jul 2024	223.70	214.91	224.36	213.58	2.119 times
25 Thu Jul 2024	213.68	207.14	214.00	204.50	1.081 times
24 Wed Jul 2024	206.53	207.22	209.00	202.10	0.694 times
23 Tue Jul 2024	206.95	206.27	208.19	201.89	0.402 times
22 Mon Jul 2024	204.31	201.20	211.00	200.11	0.604 times
19 Fri Jul 2024	202.97	210.68	214.61	201.00	1.463 times

My analysis of stock is bullish for shortterm, and stock might move up till 226.1 or till 237.1. Use a stoploss of 216.9 and if this stock hits its stoploss, then it can fall down till 207.72

Share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Target	176.00
Downside Target	191.50
Downside Target	200.11
Downside Target	206.01
Downside Target	217.00
Upside Target	224.36
Upside Target	233.00
Upside Target	238.00
Upside Target	248.00
Upside Target	268.95
Upside Target	275.00

Intraday share price targets for Bedmutha Industries (BEDMUTHA)

Target Type	Value
Downside Intraday Target	211.49
Downside Intraday Target	201.56
Upside Intraday Target	232.18
Upside Intraday Target	242.94
Upside Intraday Target	222.25

Weekly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	221.43	223.70	233.00	212.31	0.743 times
26 Fri Jul 2024	223.70	201.20	224.36	200.11	1.11 times
19 Fri Jul 2024	202.97	210.35	218.00	201.00	0.579 times
12 Fri Jul 2024	210.35	232.05	238.00	206.01	1.309 times
05 Fri Jul 2024	235.05	239.50	248.00	230.50	1.837 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bedmutha Industries (BEDMUTHA)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	221.43	233.00	233.00	217.00	0.038 times
31 Wed Jul 2024	223.49	239.50	248.00	200.11	1.631 times
28 Fri Jun 2024	232.10	268.95	268.95	226.10	0.514 times
31 Fri May 2024	257.45	203.95	275.00	176.00	4.869 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bedmutha Industries (BEDMUTHA)

Price action analysis of Bedmutha Industries ( (BEDMUTHA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bedmutha Industries ( (BEDMUTHA) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bedmutha Industries ( (BEDMUTHA) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bedmutha Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bedmutha Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bedmutha Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Bedmutha Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bedmutha Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 215.17 and Bedmutha Industries (BEDMUTHA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Bedmutha Industries (BEDMUTHA) stock. Volume based technical analysis of Bedmutha Industries (BEDMUTHA) stock is negative.

Bedmutha Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.